Why we won't die of Baumol's Disease
I was at work one night a few weeks ago, waiting for the 3rd movement of the Shostakovich 1st cello concerto to end (no slap at our soloist, Johannes Moser, who played wonderfully, but it’s a long sit with no need to count), when, for some unaccountable reason, I began to think about Baumol’s cost[…]
Read More
Polyphonic.org – The Orchestra Musician Forum – Baumol’s common cold
[...] orchestras with experts of various strikes are familiar with Baumol’s Cost Disease. The best description comes from the economist…